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View Full Version : GAME has one week to raise £180m or its game over



longy999
03-19-2012, 06:06 PM
6538
The Sunday Times is reporting that UK video game retailer GAME has to cough up £180 million to pay creditors or it will face administration.




The publication says that GAME has a £21m rent payment due on Sunday, a £12m wage bill due soon afterwards, and that the company owes more than £10m in deferred VAT and £40m to various video game suppliers.

CloudStrife7x
03-19-2012, 06:08 PM
thats a lot of money to raise in one week, i wonder what they plan to do

Noctis Caelum
03-19-2012, 06:21 PM
wow lol nice info

Serious_M
03-19-2012, 07:27 PM
they wil have to come with a great deal

lickerout
03-19-2012, 07:39 PM
better spend your reward points quick i will.

SmallZzy
03-19-2012, 07:45 PM
What they are planning to do is sell most of their shops along with stock, keep a few shops open but turn into a website based shop like amazon.co.uk

Game Wizard
03-19-2012, 07:51 PM
6538
The Sunday Times is reporting that UK video game retailer GAME has to cough up £180 million to pay creditors or it will face administration.
Rob a bank problem solved